Are travelers required to report their frequent flier miles as income? If so, what about press trips?There seems to be some confusion among those who have never before reported their frequent flier miles as income. What is all the confusion about? Citibank recently sent their customers, who were given American Airline miles for opening a checking or savings account last year, 1099 tax forms to report their frequent flier miles.
Yesterday, the Associated Press reported that:
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